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EIC STEP Scale Up

Equity-only instrument for European deep-tech scale-ups under the Strategic Technologies for Europe Platform (STEP): €10–30M EIC Fund investments. Digital & deep tech — semiconductors and quantum in particular — is the focus.

3 Jul 2026

Key parameters

2026 budget €300M
Equity ticket €10–30M (equity-only)
Focus Strategic technologies — semiconductors & quantum highlighted
Aim Crowd in private co-investment for large growth rounds

Eligibility

HQ
Applying entity must be established in the EU or an associated country
Local presence
Separate legal entity required The applicant must be a separate legal person (e.g. GmbH, BV, SARL) — a branch office of a foreign company does not qualify here.
R&D substance
Not required
Company size
No size restriction
Models
All
Sectors
All
Goals
Additional design site in Europe; Manufacturing / fab site

Aimed at scale-ups raising large growth rounds; the company must be established in the EU or an associated country and pass strategic-technology ownership screening.

Mechanism & application

Discretionary (call-based) — Competitive, call-based — requires approval; success not guaranteed.

Application to EIC with investor syndicate; due diligence by the EIC Fund.

Timeline: 6–12 months

Legal basis & sources

Legal basis
STEP Regulation (EU) 2024/795; EIC Work Programme 2026
Source
https://eic.ec.europa.eu/eic-funding-opportunities/eic-step-scale-up_en
Verification
EIC Work Programme 2026
from 1 Jan 2024 until no expiry review 1 Dec 2026

Related

See also